Interactive Brokers makes available fractional trading of eligible Nasdaq Copenhagen shares
As FNG has reported, electronic trading major Interactive Brokers (NASDAQ:IBKR) has enabled its clients worldwide to trade shares on Nasdaq Copenhagen (CPH) and the Prague Stock Exchange (PSE). Today, the broker announced that fractional trading of eligible Nasdaq Copenhagen shares is available.
Interactive Brokers serves clients in over 200 countries and territories and provides self-directed investors, sophisticated traders, advisors, hedge funds and other institutions with access to over 150 global markets. Clients can invest globally in stocks, options, futures, currencies, bonds, funds and more, and fund and trade accounts in up to 26 currencies including the Danish Krone (DKK) and Czech Koruna (CZK).
“Clients seeking to diversify and take advantage of new trading opportunities across geographies in Europe and around the world, can now add Danish and Czech stocks to their portfolios while benefiting from Interactive Brokers’ low costs and the ability to trade products across asset classes from a single unified platform,” said Milan Galik, Chief Executive Officer of Interactive Brokers. “Adding Nasdaq Copenhagen and the Prague Stock Exchange reinforces our commitment to providing our clients with the greatest breadth of investment products.”
Trading costs with Interactive Brokers are transparent. Commissions on Danish stocks are 0.015% – 0.05% of trade value with a DKK 10.00 minimum per order for tiered pricing depending on monthly volume, and 0.05% of trade value with a DKK 49.00 minimum per order for fixed pricing. Fixed commissions on Czech stocks are 0.15% of trade value with a CZK 70 minimum per order.